Can't Nvidia do this without buying ARM?
Reading this comment from Huang, I read it as if Nvidia wants to sell this package, but with Geforce IP instead of Mali IP.
https://www.notebookcheck.net/Nvidia-to-licence-GPU-technolo...
My guess is they failed because Geforce at the time was too much of a "desktop architecture", and my guess is that it still is. But now that they own Arm they can just tell all Mali customers "take it or leave it."